Get all your news in one place.
100's of premium titles.
One app.
Start reading
Chronicle Live
Chronicle Live
National
Press Association

Jamie Oliver's restaurant chain Jamie's Italian collapses, putting 1,300 jobs at risk

Jamie Oliver has said he is “devastated” after his restaurant chains appointed administrators, putting more than 1,000 jobs at risk.

The business, which includes Jamie’s Italian, Barbecoa and Fifteen, has appointed KPMG to oversee the process, with a more detailed announcement expected later on Tuesday.

Mr Oliver took to Twitter to express his sadness, saying he was “devastated” and thanking those who “put their hearts and souls into this business over the years”.

In an official statement, the chef added: “We launched Jamie’s Italian in 2008 with the intention of positively disrupting mid-market dining in the UK high street, with great value and much higher quality ingredients, best-in-class animal welfare standards and an amazing team who shared my passion for great food and service. And we did exactly that.”

Traditional Bedlington shop to close its doors after almost 100 years  

Around 1,300 people are estimated to work for the UK business.

Jamie’s Italian had a site in Newcastle city centre but it closed last year.

The process does not affect Mr Oliver’s other companies, which handle his media and licensing deals, while the international branch of Jamie’s Italian is also unaffected.

Fifteen Cornwall, which operates under a franchise, is also not involved.

It follows a hunt for a new investor in the Jamie’s Italian brand, with a number of private equity firms touted as mulling bids for a stake in the business.

Mr Oliver’s restaurant empire has taken a few knocks over the past two years.

In 2018 Jamie’s Italian shuttered 12 of its 37 sites through a Company Voluntary Arrangement (CVA).

The TV personality’s steak house, Barbecoa, also went into a pre-pack administration, leading to the closure of its Piccadilly branch.

Overseas, five branches of the Australian arm of Jamie’s Italian was sold off last year, while another was put into administration.

Despite the troubles, which forced Mr Oliver to pump £13m of his own money into his Italian chain, he told Press Association earlier this year that casual dining was primed for a comeback.

Booze restrictions relaxed for Osborne Road hotels despite fears of 'marauding drinkers'

Latest bid to transform former hotel in Wooler into apartments submitted  

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.